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Bowery Gentrification Watch

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The Bowery of 2008 is so out of whack with reality that national retailers can't even afford to move into old tattoo parlors: "This is where you were getting your windshield cleaned a few years back," said Benjamin Fox, president of Winick Realty Group, "and now they're asking $22,500" a month for the 2,000-square-foot former Bowery Tattoo parlor just above East Houston Street. Mr. Fox initially offered $15,000 on behalf of a national chain. When that offer was rejected, he countered with $17,000, but the landlord is standing firm at $22,500, or about $135 a square foot. [NYT]